DBRS Morningstar Downgrades the United Kingdom to AA, Stable Trend

DBRS Ratings Limited (DBRS Morningstar) downgraded the United Kingdom of Great Britain and Northern Ireland’s (the United Kingdom or the UK) Long-Term Foreign and Local Currency – Issuer Ratings from AA (high) to AA. At the same time, DBRS Morningstar confirmed the United Kingdom’s Short-Term Foreign and Local Currency – Issuer Ratings at R-1 (high). The trend on all ratings is Stable.